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Lakefront Commercial Land Parcel
For Sale
$82,000

Pickerel Lake Road, Petoskey, MI 49770

LAND - Petoskey, MI

Property SizeContact for details
Lot Size0.47 Acres
Days on Market16

Property Features for Pickerel Lake Road

General Information

Property type Land
Property subtype Other
Zoning EC B2
Elementary school district Petoskey
Middle school district Petoskey
High school district Petoskey
Directions Pickerel Lake Road next to Spring Lake Condominiums - Look for sign
Subdivision Bear Creek
Standard status Active
APN 01-16-27-300-021
Lot size 0.47 Acres

Taxes and HOA fees

Tax Description COM 609.83 FT W OF S 1/4 COR OF SEC 27 FOR POB, TH W 298.28 FT TO NW'LY LN OF PICKEREL LK RD, TH ALG
Legal Description COM 609.83 FT W OF S 1/4 COR OF SEC 27 FOR POB, TH W 298.28 FT TO NW'LY LN OF PICKEREL LK RD, TH ALG

Utilities

Water front 1
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate - HS
Listed By: Gill Whitman
Added: Jul 21 Last Checked: Aug 5 at 11:06PM
MLS# 480221

Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel offers a tranquil setting with lake views and approximately 245 feet of frontage on Spring Lake in Petoskey. The property is listed as a 0.47-acre site and is zoned EC B2, providing flexibility for commercial development.

The parcel is located on Pickerel Lake Road and is positioned for convenient access to Petoskey and other area businesses.

With its lake frontage and EC B2 zoning, this site can be considered for a professional office development or other business opportunities consistent with the EC B2 zoning designation.

Key Highlights

  • Approximately 245' of lake frontage on Spring Lake in Petoskey
  • Lake views and a tranquil setting
  • B2 zoning—suited for a professional office space or other business opportunities

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Restaurant Law Firm Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build-ready lakefront parcel with about 245 feet of frontage on Spring Lake in Petoskey, zoned EC B2.
Where is this waterfront land located?
The property is located at Pickerel Lake Road Petoskey, MI.
What is the asking price?
The asking price for this property is $82,000.
What are key features of this property?
This property features: Approximately 245' of lake frontage on Spring Lake in Petoskey; Lake views and a tranquil setting; B2 zoning—suited for a professional office space or other business opportunities
More about this property
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